Staples (SPLS) Reports In-Line Q2; Reaffirms Guidance
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Staples (Nasdaq: SPLS) reports Q2 earnings of $0.21 per share, in-line with estimates. Revenues rose 18% to $5.1 billion, versus the consensus of $4.69 billion.
Staples maintains its previous outlook, announced on August 19, 2008. On a GAAP basis, including modest accretion from Corporate Express, Staples expects low single-digit earnings per share growth for the full year, compared to $1.38 reported for 2007.
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